if you raise taxes, we will turn the economy down. if the cost of getting out from under the problem is a moderate recession, i would say it is a cheap price. somehow thinking we will get through this thing without pain is nonsense. this is a very dangerous situation. it is not a question of whether we pay a large painful price for a small painful price. the question is which is the least worst of alternatives. if we have to pay a large price in increasing taxes to get the extraordinary unstoppable ris in spending, we have to do that. then recognize it is politically easier to lower taxes than lower spending. >> let me take back a bit of what i said before. there are some areas you can work on. social security is less a part of the entitlement problem, but is a problem. i think is solvable by means that have been much discussed. when you put that in place, you have something that will last for years. theoretically, he can do something about medicare. i do not understand enough about medicare to give suggestions. the entitlement progra